Attachment 7 - Economic Need and Impact Assessment · MCU13/0251

• The trade area also recorded a high incidence of persons employed within the professional,
  scientific & technical services and education & training sectors relative to Noosa and
  Queensland.

Table 2.1: Socio-Economic Profile, 2011 Census Results
                                                      Trade Area   Former Noosa Shire   Queensland

 Population                                                4,407               48,230    4,332,737

 Age Distribution
 0-14 years                                                19.7%                17.6%        20.2%
 15-24 years                                                9.3%                 9.7%        13.6%
 25-34 years                                                8.0%                 7.9%        13.6%
 35-44 years                                               15.2%                13.1%        14.3%
 45-54 years                                               18.6%                16.2%        13.6%
 55-64 years                                               13.8%                15.8%        11.6%
 65+ years                                                 15.5%                19.6%        13.1%
 Average age (years)                                        40.4                 42.8         37.2

 Household Type (% of families)
 Couple families with children                             39.8%                35.2%        42.8%
 Couple families without children                          43.5%                47.7%        39.5%
 Single parent family                                      15.2%                16.1%        16.1%
 Other                                                      1.5%                 0.9%         1.7%

 Average household size                                      2.6                  2.6          2.8

 Household Finances
 % of households fully owning home                         35.0%                36.3%        29.0%
 % of households purchasing home                           30.2%                31.6%        34.5%
 % of households renting                                   32.9%                28.6%        33.2%
 Average weekly household income                          $1,394               $1,221       $1,501
 Average monthly housing loan repayment                   $2,057               $1,921       $1,976
 Average weekly rent payment                                $359                 $329         $299
 Average housing costs (as a % of household income)        18.8%                19.2%        17.1%

 Labour Market
 Full-time employment (% labour force)                     48.3%                48.9%        60.0%
 Part-time employment (% labour force)                     39.2%                37.9%        28.2%
 Total employment (% labour force)                         93.1%                92.6%        93.9%
 Unemployment rate (% labour force)                         6.9%                 7.4%         6.1%
 Participation rate (% of population > 15 years)           61.3%                55.5%        62.8%

 Qualifications
 % of persons with a post-school qualification             55.8%                46.1%        43.3%
 % of persons with Bachelor or higher                      25.0%                14.9%        15.9%
 % of persons with Diploma                                 11.0%                 9.9%         7.5%
 % of persons with Certificate                             19.7%                21.3%        19.9%

 Occupation
 Upper White Collar
 Managers                                                  14.0%                13.3%        12.0%
 Professionals                                             26.5%                18.3%        18.9%
 Subtotal                                                  40.5%                31.6%        31.0%

 Lower White Collar
 Clerical and Admin Workers                                11.0%                11.7%        10.0%
 Community & Personal Service Workers                      11.8%                12.2%        14.7%
 Sales Workers                                             10.1%                12.2%         9.8%
 Subtotal                                                  32.9%                36.1%        34.4%




Peregian Village Market Economic Need and Impact Assessment                                          7
December 2013 13034 Report Rev 0